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Richard DeVos’s (senior) oldest son is Dick DeVos. Richard Sr. co-founded Anway Corporation with Jay Van Andel. Amway Corporation is an expert in network selling. The firm distributes its personal care, health and household products through dealers. These dealers recruit second hand dealers who in turn recruit third level dealers. This chain goes on up to the final level dealers who are consumers of the products that pass through the product chain.
Dick was recruited at Amway Corporation in 1974. He worked in various positions for the different operating departments of the company. In 1984, Dick became the vice president of the corporation. He oversaw operations in 18 countries. I believe that his father wanted him to gain exposure on how other businesses operate. After gaining adequate experience, Dick left Amway Corporation to start his new venture, Windquest Group. In 1991, Richard Sr. appointed Dick to manage Orlando Basketball Franchise after the DeVos family had acquired it. While he managed the basketball team, Dick was also administering operations at Windquest Group.
In 1993, Dick returned to succeed his father at Amway Corporation. In 2000, Dick was involved in the process of restructuring Amway Corporation. Through the process, Alticor Corporation was established to serve as an umbrella firm. The umbrella firm comprised the Access Business Group, the Quixtar Corporation and the Amway Corporation. Through Alticor Corporation, the firm managed to expand its operation to over 50 countries, spread across six continents.
I am of the opinion that Dick resigned from Alticor in 2002 in order to participate in running his private organization, Windquest Group. In 2006, Dick entered politics on a republican ticket. During this period, he was regarded as the wealthiest man to engage in the gubernatorial politics of Michigan. In his campaign, he spent close to $40 million. However, by a 14-point margin, Dick lost to Jennifer Granholm, a democrat. This information was originally mentioned on New Netherland Institute’s website.
About Dick DeVos
Over the years, Dick has been involved in different community initiatives. He is the brain behind Education Freedom Fund. Through the Fund, over 4,000 scholarships have been awarded to many underprivileged students living in Michigan. Dick also started the West Michigan Aviation Academy. This high school seeks to provide a meticulous educational program that zeroes in on aviation.
Dick has provided funds and leadership towards the renovation of a $30 million downtown market, a $130 million heart hospital, a $75 downtown arena, a $90 million medical school and a $212 million convention center. For 35 years, Dick has been married to Elizabeth Prince. Together, they have 7 children. This information was originally published on Dick Devos’s website.